EU Carbon Nears 100 euros / ton on French Nuclear Reactor Capacity Outook

Lower nuclear output means more power will probably need to be produced from coal and natural gas, boosting demand for carbon allowances.

EU carbon permits for December advanced 1.1% to 97.81 euros as of about noon London time on ICE. They earlier rose to about 98.42 euros a ton, according to ICE’s website data (which does not include every trade).

They are near record levels, bringing billions of euros into government coffers each year.

Photo by Markus Spiske on Pexels.com

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out /  Change )

Twitter picture

You are commenting using your Twitter account. Log Out /  Change )

Facebook photo

You are commenting using your Facebook account. Log Out /  Change )

Connecting to %s